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DislikedOil prices set to drop down even more with the US oil production peaking at 9.164 million barrels a day. WTI fell to $36 a barrel last week.Ignored
Disliked{quote} Nice to know Mohsinali I am Oil trader as well. Looking at market now all eyes are on wednesdays FOMC meeting. I think we can see up move on oil if FED doesnt raise rates this year. Fundamentaly at the moment bull market in oil can happen only if we see serious war situations in middle east and some fear of cutting supply from that area. All other fundamentals are pointing that oil will trade 40$p/b for...Ignored
Dislikedhello, i want to ask for the oil's traders on the future market, about the rollover what is your opinion about new contract price that always higher than previous price? and what do you think about the bottom price for oil's price? is it possible that oil's price will break 30$/b?Ignored
Dislikedhello, i want to ask for the oil's traders on the future market, about the rollover what is your opinion about new contract price that always higher than previous price? and what do you think about the bottom price for oil's price? is it possible that oil's price will break 30$/b?Ignored
DislikedHey guys. Anyone in here that is actively trading Crude Oil Futures?Ignored
DislikedHey guys nice to see this thread back to life again. My fundamental opinion: US are one step before they are going to increase interest rates, I it makes me think if a country does so exceptionally well that they want to increase rates, equities are trading at record prices and all indicates that US is Economically on top of the world. But it seem strange to me that a country doing so well has a problems with Oil consumption and their storages are almost maxed out??? Something in this picture is no right, Oil is the most important commoditie for...Ignored